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Novastar Electrical Limited

10376812

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

SOLO HOUSE THE COURTYARD, HORSHAM, RH12 1AT
Incorporated 15/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation
43220
Plumbing, heat and air-conditioning installation

Officers

Mr Clyde Brown

director · Since 15/09/2016

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 3 other boards

Persons with Significant Control

Mr Clyde Brown

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-trust
voting-rights-75-to-100-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm
Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · United Kingdom · Age 52

Solo House, The Courtyard, Horsham, RH12 1AT

Notified 15/09/2016

CompanyRankvs 4174+ SIC 43210 peers
77

Financial strength94th percentile among SIC peers · 24/25
Employees55th percentile among SIC peers · 8/15
LiquidityCurrent ratio 9.61× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees8/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

£365k

Balance sheet strength

Cash

£152k

Cash in the bank

Net Current Assets

£351k

Working capital

Current Assets

£392k

Current Liabilities

£41k

Fixed Assets

£23k

Debtors

£240k

2avg. employees

Balance Sheet

Assets less current liabilities£374k
Signed by 10376812 2024-04-01 2025-03-31 10376812 2025-03-31 10376812 bus: 1 1 2025-03-31 10376812 bus: 1 2 2025-03-31 10376812 coPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20259.61-£67k
20242.71+£95k
20232.82

Derived from filed accounts. Not audited figures.